GITSN, Inc.

GITSN, Inc.

KKRX:446840
3,160.00
KRW
-40.00
(-1.25%)
-1,041.60EPS
11.67BMarket Cap
Nov 13Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
1,393.74
1,094.93
1,592.14
Basic EPS, GAAP
-90.72
150.19
-211.67
-1,040
-1,048.27
Free Cash Flow per Basic Share
-57.66
-24.24
-46.57
-423.19
-672.52
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
921.67
9,465.04
4,276.72
695.97
2,901.78
Tangible Book Value per Share
921.67
9,465.04
2,751.58
576.91
2,420.39
Basic Weighted Avg Shares
- -
1
10
10
9
Sales/Revenue/Turnover
- -
- -
13,576
11,296
13,776
Operating Margin (%)
- -
- -
-13
-58.82
-37.85
Depreciation Expense
- -
- -
1,542
1,606
1,640
Net Income, GAAP
-16
122
-2,062
-10,729
-9,070
Effective Tax Rate (%)
- -
21.05
- -
- -
- -
Profit Margin (%)
- -
- -
-15.19
-94.98
-65.84
Working Capital
- -
- -
3,936
8,313
8,537
LT Debt
854
904
1,427
2,487
2,194
Total Equity
1,075
11,043
4,990
7,570
6,393
Return on Invested Capital (%)
- -
-0.24
- -
- -
- -
Return on Capital (%)
- -
2.32
- -
- -
- -
Return on Common Equity (%)
- -
2.01
-25.72
-170.85
-102.32

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,762
3,598
3,716
LT Borrowings
1,487
1,288
1,299
LT Finance Leases
1,000
1,093
896
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
2
Market Capitalization
99,257
74,028
11,666

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,862
11,128
13,717
Cash, Cash Equivalents & STI
7,378
3,727
4,652
Accounts Receivable, Net
1,057
1,556
3,800
Inventories
4,865
5,012
4,864
Total Current Liabilities
5,548
5,136
5,180
Payables & Accruals
- -
- -
- -
ST Debt
3,762
3,598
3,716
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
51.72%
Free Cash Flow
- -
- -
862.43%
Net Income, GAAP
- -
- -
420.39%
Sales/Revenue/Turnover
- -
- -
-16.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1,493
- -
13,576
2025
2,189
2,691
3,674
2,743
11,296
2026
2,461
4,898
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
47.78
49.59
-715.65
50.03
-211.67
2025
-181.43
-685.41
-439.87
-272.11
-1,040
2026
-170.26
175
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Dong-Jin Han
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Seoul South Korea
IPO Date
Jan 26, 2023
Website
gitsn.com
Business
GITSN, Inc. is a South Korea-based technology company specializing in the development, manufacture, and deployment of advanced wireless security, radio frequency (RF) detection, and physical cybersecurity hardware and software solutions. Founded in 2000 and headquartered in Seoul, South Korea, the company provides automated, 24/7 real-time monitoring and defense systems against unauthorized electronic surveillance, physical hardware tampering, and wireless data leakage. GITSN operates across specialized security segments, serving government ministries, military and defense agencies, law enforcement bodies, public infrastructure operators, corporate headquarters, and commercial financial institutions across South Korea and international markets, including Southeast Asia, North America, and Europe. The company's core product and service portfolio includes Alpha-H, an automated wireless backdoor hacking detection system engineered to identify unauthorized RF transmissions and hidden spy chips embedded inside servers, network switches, and data storage equipment within air-gapped environments; Alpha-S, an intelligent wireless eavesdropping detection system designed for continuous 24/7 monitoring of confidential conference rooms and executive offices to detect illicit analog and digital audio transmitters; Alpha-C, a continuous illegal filming and hidden camera detection system that utilizes thermal and RF sensing technologies to uncover unauthorized recording equipment in public and private facilities; Alpha-P, a handheld, portable RF detection device for mobile security sweeps and field inspections; Alpha-I, a next-generation smart wireless eavesdropping defense system integrated with advanced RF spectrum analysis and artificial intelligence-driven signal classification; and integrated security maintenance, technical calibration, RF spectrum mapping, and vulnerability assessment services. In recent corporate developments, GITSN successfully listed on the KOSDAQ market (KRX: 446840) via a merger with Kiwoom No. 8 Special Purpose Acquisition Company (SPAC), completing its transition from the KONEX exchange. The company also executed a share consolidation to optimize its capital structure and enhance shareholder value. To counter advanced high-frequency wireless threats, GITSN expanded its technological capabilities by developing and introducing next-generation 6GHz wideband RF detection modules for its Alpha-H product line. Operationally, GITSN has accelerated commercial expansion into the private financial sector, securing major contracts to install wireless backdoor detection systems in enterprise data centers, while simultaneously expanding defense sector engagements through tactical wireless threat defense demonstrations for military and naval commands. Driven by heightened global demand for physical-layer cybersecurity in data-isolated infrastructure, GITSN achieved a financial turnaround, returning to operating profitability and expanding overseas distribution partnerships across international markets.